368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

340 Patricia Avenue, Toronto, ON M2R 2M7

$1,899,000
  • Sale
  • Detached
  • 7 days ago
  • Updated: 2026-11-07

Property Overview

Property Type
Detached
Bedrooms
9
Bathrooms
8
Garage
3
Size
N/A
Age
N/A
Absolutely Must See! Exceptional Fantastic Investment Opportunity! Premium 50 Ft Corner Lot Featuring An Upgraded Bungalow with A Separate Walk-Out Basement Apartment Plus A New Stylish Masterfully Built "Garden Suite" Based On Energy Efficient Design, Offering 3 Separate Living Units With Outstanding Income Potential& Variety Of Uses! Thoughtfully Designed& Expertly Crafted With High-End Finishes, Modern Features, and Advanced Engineering& Technology! This Unique Property Presents An Ideal Opportunity For Investors, Multi-Generational Families, Or Buyers Seeking Multiple Income Streams. The Newly Masterfully Built Garden Suite In 3Levels (3X645 = 1935 Sq.Ft ) >> * Main Floor with Living Rm, Dining Rm, Kitchen, Bedrm, 2-Pc Powder Rm& 4-Pc Ensuite! * 2nd Floor with Living Rm, Kitchen, 2 Bedrms, 2 x 3-Pc Ensuite! * Bright & Sunny Heated Floor Basement with Living Rm, Dining Rm, Kitchen& A Bedrm! All of Them Has Their Own Laundry Machine! These Configuration Includes Main Basement Apartments& 3 Garden suites Creates Excellent Potential For Rental Income& Enhances The Property's Revenue Opportunities. Beyond Its Immediate Income Potential, This Strategic Corner Bungalow Also Present an Exciting Future Redevelopment Opportunity, With Potential To Explore Multi-Unit Residential Construction Under The City Of Toronto's MLI Select Financing Program, Subject To Applicable Zoning, Planning Approvals, Building Requirements, and CMHC Eligibility.** An Outstanding Opportunity To Generate Income Today & During the Construction of Main Bungalow in the Future. A Rare Offering Combining Immediate Income Potential, Versatility& Future Development Possibilities! The New Garden Suite Represents A Significant Investment, With Construction Costs Exceeding $700,000! Uniquely Designed & Built With Independent Utility Connections, Offering A Significant Advantage For Future Redevelopment!Buyer To Verify with City Ideas For Potential Future Multi-Unit Redevelopment Attached to Photo Gallery!

Key Details

  • C14142132
  • 3
  • $1,899,000
  • Owner+Tenant
  • None
  • 1 + 1
  • Other
  • 3 + 6
  • 8
  • 1100-1500 Sqft
  • N/A
  • N/A
  • Detached
  • Sale

Additional Details

  • Forced Air / Gas
  • $6591
  • 2025
  • LT 86 PL 1880 TWP OF YORK CITY OF TORONTO
  • N/A
  • N
  • Finished with Walk-Out,Separate Entrance
  • Central Air
  • Patio
  • Fenced Yard,Park,Public Transit,School
  • Municipal
RoomLevelSize
BedroomSecond2.61 x 3.24 (Meters)
Living RoomBasement2.65 x 4.34 (Meters)
BedroomMain2.82 x 3.68 (Meters)
Bedroom 4Basement2.73 x 3.58 (Meters)
Living RoomSecond2.53 x 3.38 (Meters)
Bedroom 5Basement2.33 x 3.58 (Meters)
BedroomBasement2.45 x 9.5 (Meters)
KitchenBasement2.35 x 2.58 (Meters)
Dining RoomBasement2.11 x 2.39 (Meters)
Bedroom 3Main2.7 x 3.38 (Meters)
Primary BedroomMain3.4 x 3.6 (Meters)
KitchenMain2.46 x 3.1 (Meters)
Living RoomBasement3.58 x 5.51 (Meters)
Dining RoomMain2.36 x 2.53 (Meters)
KitchenMain2.35 x 4.03 (Meters)
Dining RoomBasement3.58 x 5.51 (Meters)
Living RoomMain2.81 x 3.1 (Meters)
Living RoomMain3.3 x 5.1 (Meters)
Dining RoomMain2.4 x 2.61 (Meters)
KitchenSecond2.54 x 3.93 (Meters)
BedroomSecond2.61 x 2.74 (Meters)
Bedroom 2Main2.54 x 3.61 (Meters)
Neighbourhood profile DA 35202587 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

—

Owner cost / mo

—

Median rent / mo

—

Owner : renter

—

Dwelling types

Bedroom mix

Condition & suitability

Built when?

Homes by decade.

Median HH income

—

before tax

After-tax HH

—

median

Median individual

—

Low-income rate

—

Income benchmarks

Shelter cost burden (30%+ of income)

Shelter burden.

Education (ages 25-64)

Population

—

Median age

—

Avg HH size

—

Immigrants

—

Age groups

Age groups.

Language at home

Visible minority

Visible minority.

Employment rate

—

Unemployment

—

labour force

Work from home

—

of employed

Full-yr full-time

—

stable jobs

Commute mode

Commute duration

Commute duration.

Pop. density

—

per km²

5-yr stability

—

did not move

Occupied dwellings

—

Pop. change

—

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

What's near transit

Subway and bus stops within 1 km · 340 Patricia Avenue, Toronto, ON M2R 2M7

Peckham Ave at Pleasant Ave South Side
98Willowdale-Senlac
242 m ~ 4 min walk
Drewry Ave at Grantbrook St
125Drewry
359 m ~ 5 min walk
Greenwin Village Rd at Elise Ter (West)
307Bathurst
790 m ~ 10 min walk
Greenwin Village Rd at Elise Ter (West)
7Bathurst
790 m ~ 10 min walk
Bathurst St at Dewlane Dr
160Bathurst North
837 m ~ 11 min walk
Steeles Ave West at Cactus Ave
353Steeles
862 m ~ 11 min walk
Steeles Ave West at Cactus Ave
60Steeles West
862 m ~ 11 min walk
Hilda Ave at Moore Park Ave North Side
97Yonge
963 m ~ 13 min walk

Neighbourhood Profile

Newtonbrook West
Toronto neighbourhood · 2021 census
6.7 / 10
$79K
Median income
42.0 yrs
Median age
$1M
Median home value
50%
Renters
Transit
36.6%
Car
54.8%
Walk / bike
6.6%
$1,600/mo
Median rent
47%
Renters 30%+ on shelter
🌳Park 🛝Playground 📚Library 🚔Police station 🚇Subway / light rail 🚌Bus / streetcar 🏥Hospital 🩺Clinic / GP 🏡Long-term care
● within approx. 3 km
Data: Statistics Canada 2021 Census · EQAO 2023-2024 · City of Toronto open data

Properties you may like

Recently sold nearby

Detached · within 1.5KM · last 90 days

Addresssold priceBedroomDistance · sold
351 Patricia Avenue, Toronto, ON M2R 2M8$2,279,42250.1 km · 79 days ago
270 Homewood Avenue, Toronto, ON M2R 2N3$999,00030.1 km · 45 days ago
180 Goulding Avenue, Toronto, ON M2R 2P4$2,100,00060.3 km · 89 days ago
15 Sunforest Court, Toronto, ON M2R 3W3$2,075,00070.4 km · 27 days ago
88 Peckham Avenue, Toronto, ON M2R 2V5$1,150,00050.5 km · 20 days ago

Internet Coverage — 340 Patricia Avenue, Toronto, ON M2R 2M7

ISED Canada ↗

Based on hexagonal coverage zones · Hex: ON43780794

  • Bell
    DSL Fibre Mobile
  • Rogers
    Cable Fixed Wireless Mobile
  • Telus
    Mobile
  • Xplore
    Satellite
  • Beanfield Metroconnect
    Fibre
  • CIK Telecom
    Fibre
  • FibreStream
    Fibre
  • Freedom Mobile
    Mobile
  • Rally
    Fibre
  • Routcom
    Fixed Wireless

Coverage is based on hexagonal zones from ISED Canada, not individual addresses. Confirm availability directly with the ISP before purchasing a plan. Roofup.ca makes no guarantee of service accuracy at this location.

Est. monthly payment
—
—
Edit details
$
%
yr
%

Down payment
—
Loan amount
—
Land transfer tax
—
CMHC premium
—
Total upfront
—

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this investment property.

$
$
$
Monthly Cash Flow
—
net per month
Annual Cash Flow
—
net per year
Monthly Costs
—
mortgage + expenses
Cost Coverage
—
costs vs rent
—

Estimates only. Not financial or investment advice.

FAQ
  • What is the total square footage of the c14142132 - 340 Patricia Avenue, Toronto, ON M2R 2M7?

    The total square footage of this property is 1100-1500 SqFt.

  • What schools near to c14142132 - 340 Patricia Avenue, Toronto, ON M2R 2M7?

    The nearest schools are Pleasant Public School for elementary and North West Year Round Alternative Centre for secondary.

Book a Viewing or Contact Us

Ask a question or request a viewing, we’ll respond quickly

Or
Text (416-939-2500) me directly for fastest response
RoofUp
Logo